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20121205
20121213
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
FOX Business
Dec 10, 2012 4:00pm EST
piece of the future buying cycle. a nice silver lining. david: now chrysler is an italian car company. the italians, the parent company is going to awful times. quitting because of the sales. is there any possibility. now they are not supposed to do this, but is there any possibility tie-ins will pour some of the profits they're making from chrysler here and use them to pay out the parent company in italy? >> i suppose the possibilities are always there. certainly talking about a global company to the extent you're doing better in one market and then another is always a bit of shifting around. at this point i think north america for all the automakers has really become a strong point. hopefully we can move forward, result in undermining uncertainty and go into a strong 2013 in terms of auto sales. david: the u.s. may be doing well but europe is doing terrible. chief economist, thank you very much, good to see you. it has been a rough year for corporate america with the government fining businesses $1.1 billion in antitrust funds. we have the exclusive details. liz: ever wonder what it
CNBC
Dec 10, 2012 1:00pm EST
to get out there and start looking. chrysler rehiring union workers it fired after very public embarrassing incident. why the turn around? >> a local television statement had videotape of these workers on a break looking like they were smoking pot, drinking. this is a very public story in detroit. people were outraged saying, look, there is the problem with you with the union workers. they violate terms. they went to mediator and the mediator said, can you prove they were smoebing pot? ? no. can you prove they were drinking alcohol? no. so the mediator said you have to rehire them. chrysler is not happy. they put out a statement saying, yes, he had to rehire the employees. while the company does not agree with the ultimate decision of the arbitrator, we respect the grievance process as outlined in the collective bargaining agreement and our relationship with the uaw. these workers are going back on the job. but this is the kind of thing in detroit people look at and say, give me a break. these guys were caught doing something on camera that was clearly maybe not legally could b
CNN
Dec 7, 2012 2:00am PST
of the governor. it would affect private workers, but also auto workers at ford, general motors and chrysler. this is very big. it does exclude police and firefighters. but this was passed very quickly. this did not go through a committee. it didn't go through public debate. so democrats are calling this a subversion of the legislative process. i want you to take a listen to the auto workers president who was here protesting yesterday and also the governor rick snider. >> to give freedom of choice to our workplace and the legislators prove properly and efficiently and when it arrives on my desk, i plan on signing it. >>. the data and facts from the right to work states show it's right to work for less. it's an effort by the wealthy, by people from the right wing that they want to push wages and benefits down. >> the argument is that it makes the state more competitive and it's going to lead to more jobs, right? >> reporter: right. when you look at the data, what we know is that union workers tepid to make more. pretty significantly more than nonunion workers. a median salary for a union work
FOX Business
Dec 11, 2012 1:00pm EST
what happened to general motors or chrysler. yothey make it less profitable r unions. as a result you get more invested and more jobs. jobs are one thing michigan definitely needs. lori: i agree. the unions would argue many of the freedoms, many of the advantages their workers enjoy her because of the lobbies and the history they have had, therefore the unions are deservedly deserve their dues. >> if you can persuade workers to give you their money, that is fantastic, that is your constitutional right. they should not be forced to pay dues to the union. 20% of union households in michigan support the right to work law. probably because there's a awful lot of union workers don't go there again the value worth of their dues or supports priorities. they should have a choice, that is their right. lori: we have seen unions lose membership, lot less clout than in generations past. how do you characterize the influence of unions right now? >> it is a competitive marketplace. up through the late 70s the detroit automakers headlock on the u.s. market and about a million and a half members. sin
FOX Business
Dec 5, 2012 1:00pm EST
you buy the fuel and put it among the manufacturers, chrysler, gm, toyota, especially in older vehicles and look at your manufacturers website if you're in this group, what happens with the e15 the fuel separates and ethanol in there is highly corrosive to your engine. is this new information? did we know this before? >> well, no, we've told the regulators about this we spent millions of dollars in research to try to understand that dynamic. in fact let me reiterate. in the oil and gas business we support biofuels. we're major investors and producers of biofuels but we don't think you should force more biofuels to be mixed with regular gasoline until you know its impact. other research shows it puts five million american cars that are already on the street at risk where it could have some engine damage. we think you need to look at all these other issues that are now starting to come to the surface, but regulators, the administration just moved forward mandating the fuel. melissa: what does it mean to have aaa coming in and putting out a warning, saying don't use it, and puttin
CNBC
Dec 11, 2012 9:00am EST
money that went into it. without federal money, chrysler and gm would have gone bust. >> the liquidity. like aig -- >> exactly. let me finish. you talk about it's all wasted. that's not true. that's not true. some of it is well spent. and i think you should answer your question. sandy, not named after me, had a major impact on the east coast. there's been a request for help from the federal government. i'm all in favor of accountability. >> but did you have accountability with katrina? i don't think so. it's your constituents that are paying for the wasteful money. if you're coming here telling your constituents, you really don't -- >> no, look, i'm saying, i'm in favor of accountability. >> the congressman from new jersey needs to speak up for the state. >> i'm in favor of accountability. let me finish. after accountability is built in, will you vote yes or no? >> i will be supportive of slaks once we have the accountability in place. >> good. >> work with me on the accountability, fantastic. >> absolutely. i'll make sure the people in new jersey and new york are not left high and dri
Search Results 0 to 6 of about 7 (some duplicates have been removed)